The Next Frontier for Cannabis

Author: Insurance Business Canada IBC: How have you seen the insurance market for cannabis risks evolve since recreational use was legalized? Kevin Lea: The market for cannabis insurance in Canada has been slowly evolving since legalization. We’ve seen the continued strength of the MGAs and other wholesalers generally dominating the sector, similar to the way it…

Industry Spotlight: Manufacturing Insurance in Canada

Manufacturing is one of Canada’s most important sectors. Between sophisticated machinery, new regulations, and system interconnectivity, the industry has seen innovative changes in recent years. Often the equipment used by manufacturing companies relies heavily on computers. As more manufacturers move towards business-wide connected software systems, the need for high-quality insurance and risk management expertise increases.…

Are You Covered By Insurance for Scooter Claims?

Dockless electric scooters (e-scooters) have descended upon many major cities across Canada and the US, with Lime and Bird being the two largest companies operating the transportation devices. In Calgary, Alberta, these e-scooters reach speeds up to 20km/h, which have the potential to cause a significant amount of damage. Injuries, road traffic accidents, and even…

How does the Alberta Hail Suppression Project Help Manage Severe Summer Weather?

If you’ve ever scrolled through any photos or videos tagged #abstorm on social media, you’ve witnessed the extreme weather that Alberta experiences each year. According to Global News, Alberta gets hit with an average of 40 major storms every summer. Reducing the severity of hailstorms is extremely important in order to minimize the amount of…